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Q1. The banking market in Athens, Ohio currently has four banks with market shares of 60 percent 20 percent, 15 percent and 5 percent. The two smallest banks have proposed merging. Under the standard merger guidelines of the Federal Reserve and the Justice Department, is the merger likely to be approved? Why or why not? In your answer, be as quantitative as possible.
Q2. Do you think these firms would welcome congressional legislation which restricted the amount that any one firm could spend on advertising to $1 million yearly, and thereby allowed them all to drastically reduce their costs without fear of losing ground to each other? Are wireless telephone companies in the US market conducting the same practice of non-price competition? Explain your answer in both cases.
If at an interest rate of 7 percent, planned investment is $2 trillion, government spending is $3 trillion, net taxes are $2.8 trillion, and household saving is $2.2 trillion, what is the quantity of funds demanded at an interest rate of 7 percent..
Economic surplus could be increased at a higher price because firms would generate more revenue.
Given a binomial random variable with n = 60 and p = 0.36 find the probability of obtaining between 25 and 35 successes inclusive, to three decimal places.
Can you think of circumstances in which each industry would exhibit the same capital-labor ratio in both countries.
Susie's boss offers her $100 to come to work instead. In considering what to do, which of the above would be considered a sunk cost.
On the same day, the San Francisco Chronicle had an article with the headline "Sharp Drop in Bay Area Home Sales"
How many popsicles will be sold/supplied each day in the short run if the price rises to $4 each per day
A university registrar who uses her experience with university admissions along with your high school grades, application essays, letters of recommendation.
How to design an experiment to test the theory that changing the oil of the new backhoes and forklifts will reduce repairs.
If the marginal cost of planting and harvesting an acre is $7000 per acre for each of the five acres, how many acres should the farmer plant and harvest.
Assuming no other changes, if balances in money market deposit accounts increase by $50 billion and small-denominated time deposits decrease by $50 billion.
In a typical day the store sells some of each type of cola, which suggests that Major League Baseball has adopted FOA because it fears that regular binding arbitration is addictive.
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